Share
capital


The management
of JSC AVTOVAZ are fully aware of how important
is the contribution
of AVTOVAZ to the Russian economy. Hundreds
of thousands of jobs
throughout Russian
industry depend
on AVTOVAZ’s success
in maintaining stable
production and growing
its business

As at 31 December 2001 the statutory value of the Company’s share capital is equal to RR 16,062,482 thousand.

It is divided among 32,124,964 shares of equal nominal value, and consists of:

n 27,194,624 ordinary shares; and

n 4,930,340 Type A preference shares.

In 2001 the total number of shareholders increased from 209,285 to 211,428 as a result of the exchange of share depository certificates of OAO All-Russia Automobile Alliance (AVVA) for shares of JSC AVTOVAZ.

The percentage of individuals in the share capital of the Company has decreased from 29.06% to 25.87%.


In 2001 JSC AVTOVAZ obtained registration of ownership rights to 323 properties and all necessary state registration certificates were received.


Share issues
Issue and year of issue Number of state
registration		 Quantity
and category
of shares
 Status of issue
1. First issue – 1993 42-1p-0164 5 354 161
Preference Type A
6 424 993
Preference Type B
9 637 489
Ordinary
 Cancelled as a result of conversion
2. Second issue – 1994 MF 42-1-0283 10 708 321
Ordinary 		Cancelled as a result of conversion
3. Second issue – 1998 2-02-00002-À
 4 930 340
Preference Type A		 Placed
4. Third issue – 1998 1-03-00002-À 27 194 624
Ordinary 		Placed
5. Fourth issue – 1999 1-04-00002-À 32 124 965
Ordinary
for the restructuring
of the debt to the budget		 Deemed non-existent,
cancelled
6. Fifth issue – 2000 1-05-00002-À 32 124 965
Ordinary
for the restructuring
of the debt to the budget 		Deemed non-existent,
cancelled
7. Sixth issue – 2001 1-06-00002-À 32 124 965
Ordinary
for the restructuring
of the debt to the budget		 On 16 January 2002
deemed non-existent,
cancelled